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April 24, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Doraville, Business Loans > First Intercontinental Bank Doraville Business Loans > Coin-Operated Laundries And Drycleaners Loan | ||||
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Doraville Bank Loan
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Doraville, Georgia Bank Lends Money to Coin-Operated Laundries And Drycleaners Company in Atlanta, GeorgiaGet small business loans from a Doraville, Georgia bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too. First Intercontinental Bank is a Doraville, Georgia small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Georgia company. SBA Loan Borrower COMPANY TYPE: COIN-OPERATED LAUNDRIES AND DRYCLEANERS SBA Loan Lender FIRST INTERCONTINENTAL BANK This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812310 - Coin-Operated Laundries and Drycleaners Loan Approval Date 7/12/2006 Loan Approval Gross Amount $411,000 Loan Approval from the SBA Of the total $411,000 loan amount, the SBA guaranteed $308,250. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 1 existing job. Start the Process for Getting an SBA Loan Today! SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $411,000 loan. Remember, feel the fear, and do it anyway. About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: Determining Proper Capital Structure for a Business SBA Approved Banks in Doraville, Georgia
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